Bid or get off the pot, as the saying (sort of) goes.
Auctions, by nature, provide a finite selling date and, accordingly, a finite payment date. No hemming and hawing for months before making a decision. No ‘I’ll-get-back-to-you-when-we’re-done-renovating-Juniper’s-room.’
Get Me High.
Simply put, the only way to go is up. In the traditional gallery, the asking price is the highest that something goes for, which, of course, can be very reassuring for a potential bidder since the asking price will be the highest they will have to budget themselves for. Also, an asking price is the negotiating point from which the price gets lowered. Auctions are pretty much the same but on Opposite Day only. The auction lets clients know the lowest range that an artwork may sell for, but the only negotiating is upward. That prepares the seller, in this instance, for the lowest that they will have to budget themselves for, with the only way to go being up.
The Price Is Right. As in ‘Right There.’
If you’re anything like us, chances are that you feel kind of awkward asking for the price sheet at a gallery and it’s hard not to overthink it. ‘Am I judged for asking for it? Can they tell I probably can’t afford it? Is there a bulletin board where gallerists make fun of broke schmucks like me?’ The answer, of course, is a resounding yes to all of the above. We kid. But how nice that you don’t have to ask for the price. It’s there for you to see, memorize, plan ahead for, calculate if it’s worth for you to pursue, and if so, what your cap is. No need to ask for the price, but if you have any questions, we’re always here to help.
Never bid at auction? Never set foot in a gallery and built a relationship with a director there? Your ‘nice sweats’ are still at the cleaner so you can’t leave the house just yet? We get it, because that’s the story of our lives. So no worries, you will not put you on a wait list to bid. All we ask for is your I.D., a valid credit card, and you’re on the list. No intro necessary. Or air kisses, for that matter.
You get in, and you get in, and you get in. Everybody gets in.
Democracy is a good thing, and it’s important that we le everyone in. It’s okay if we’ve never met you, or will ever meet you for that matter. We’re of the opinion that everyone deserves a fair shot at acquiring great art, and may the highest bidder win. It also means that if no one is bidding against you, the path is clear for you to grab some superb art at a very, very attractive price.